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it - <br />Lease as fixed by the Lessor in its notice of termination, for a period pf <br />� 1 .. <br />not more than six months, provided that : (1) the secured party shall cure <br />I <br />t <br />any then existing default and, meanwhile, pay the rent and additional rent <br />and perform all of the other requirements of this Lease required to be .per- <br />formed by the Lessee; (2) No further defaults shall accrue hereunder dur- <br />j <br />i <br />ing such extended period; and (3) the secured party forthwith takes - steps <br />to acquire the Lessee's interest in this Lease by foreclosure of its security <br />{ <br />. interest or otherwise. <br />K. MISCELLANEOUS <br />1 <br />i <br />Management of project herein anticipated shall be in accordance with <br />managementpolicies as follows: <br />i <br />- <br />A Board of Trustees or Directors will administer the provisions <br />a. <br />of the Charter for admission, rents, etc. Permanent residents will <br />? <br />be accepted according to minimum income requirements, priority <br />to Vero Beach and Indian River County residents, using a non- <br />secretarian policy in cooperation with all churches, and other <br />groups. The Lessee will be required to submit periodic finan- <br />cial statements and audits and will be subject to any reasonable , <br />rules or regulations set by the Board of County Commissioners } <br />of Indian River County. <br />All plans and specifications covering the proposed units and facilities <br />j <br />to be erected on said demised premises shall be submitted to the Lessor for <br />1 <br />approval, .which approval shall not be unreasonably withheld. <br />f <br />The Lessee will not amend its Articles of Incorporation or its By -Laws <br />as anon -profit corporation, during the term of this Lease, in such a manner <br />as to affect or impair, the rights of the Lessor herein, and unless the Lessor <br />• h <br />shall first approve any such amendments in writing upon proper` submission <br />I of such proposed amendments to them. <br />• i <br />The invalidity of any terms or provisions of this Lease, or of any part <br />of any terms or provisions, will not effect the validity of the remaining • <br />portions thereof. Any such invalid term or provision or part of any terms o <br />or provisions, shall be deemed stricken from this Lease. <br />The various rights, powers, options, elections, privileges, and/or <br />i <br />remedies, of the Lessors contained in this Lease, will be construed as <br />.4 <br />cumulative, and no one of them will be construed as being exclusive of the <br />• <br />other or exclusive of any rights or priorities provided by law. <br />• <br />--.28-- <br />AUG 81973 <br />• ox 17, YAc[332 w <br />�a <br />